System, method and computer program product for generating a consistent point in time copy of data

Generating a consistent point in time copy of data in a source volume and a target volume is achieved responsively to a first data modification request by writing a first altered version of the data onto a single source volume, asynchronously transferring the first altered version from the first storage site to a target volume located at a remote second storage site, while avoiding copying the first altered version onto other volumes at the first storage site. While asynchronously transferring the first altered version de-queuing a second modification request, and responsively to the second modification request synchronously transferring the first altered version from the first storage site to the target volume. Then a second altered version of the data is written to the single source volume and a copy transferred to the target volume in like manner.